XYZ Company has two production departments, Machining and Customizing. The company uses a job- order costing system and computes a predetermined overhead rate (POHR) in each department. The Machining Department's POHR is based on machine- hours (Mhrs) and the Customizing Department's POHR is based on direct labor-hours (DLH). At the beginning of the current year, the company estimated the following yearly Mhrs and DLH to be used in each department: 20,000 Mhrs and 15,000 DLH in the Marching Department; 10,000 Mhrs and 25,000 DLH in the Customizing Department. The company also estimated the yearly total manufacturing overhead cost in each department: OMR150,000 in the Machining Department and OMR100,000 in the Customizing Department. During the year, Job XY incurred the following number of hours in each department: 58 Mhrs and 3O DLH in the Machining Department; and 80 Mhrs and 50 DLH in the Customizing Department. What is the total amount of manufacturing overhead that should be applied to Job XY during the year?

5) Munist, Corporation has two production departments, Forming and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Job T617: Machine-hours Direct labor-hours Direct materials Direct labor cost Forming S Avelin Davi S Forming 18,000 2,000 During the current month the company started and finished Job T617. The following data were recorded for this job: 99,000 www 2.10 Finishing 90 30 940 960 S Finishing The total job cost for Job T617 is closest to: (Round your intermediate calculations…

Craig Company uses a predetermined overhead rate to assign overhead to jobs. Because Craig's production is machine intensive, overhead is applied on the basis of machine hours. The expected overhead for the year was $5,412,800, and the practical level of activity is 398,000 machine hours.    During the year, Craig used 404,000 machine hours and incurred actual overhead costs of $5,411,400. Craig also had the following balances of applied overhead in its accounts: Work-in-process inventory $ 621,090 Finished goods inventory   627,270 Cost of goods sold   1,841,640 Required: Question Content Area 1. Compute a predetermined overhead rate for Craig. Round your answer to the nearest cent. $fill in the blank 2450b2fed067063_1 per machine hour 2. Compute the overhead variance, and label it as under- or overapplied.$fill in the blank 2450b2fed067063_2       Question Content Area 3. Assuming the overhead variance is immaterial, prepare the journal entry to dispose of…

Sultan Company uses an activity-based costing system. At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools: Activity Cost Pool Labor-related Purchase orders Parts management Board etching General factory Activity Measure Direct labor-hours Number of orders Number of part types Number of boards Machine-hours Expected Overhead Cost $ 233,600 $ 9,360 $ 80,000 $59,850 $ 236,500 Expected Activity 29,200 DLHS 234 orders 100 part types 1,710 boards 21,500 MHS Required: 1. Compute the activity rate for each of the activity cost pools. 2. The expected activity for the year was distributed among the company's four products as follows: Expected Activity Activity Cost Pool Labor-related (DLHS) Purchase orders (orders) Parts management (part types) Board etching (boards) General factory (MHs) Product A Product B Product C Product D 4,400 74 25 430 3,300 16,100 29 3,300 50 44 530 5,400 81 13 18 750 8,100 3,600 6,500 Using the…